322 1st Ave
Two Harbors, MN 55616
MLS #6031320

Multi-Family
  • 6units
$249,900
Est. P&I payment: $954.45/mo
322 1st Ave, Two Harbors, MN 55616
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Description for 322 1st Ave, Two Harbors, MN 55616
Investors....now is the time to own this fully rented, renovated, cash flowing 6 plex near downtown Two Harbors! All six units have 1 bedroom, 1 bathroom and there is on-site coin-op laundry and ample off street parking. Contractors...this building could be expanded to a 7-9 plex by finishing either the 2nd floor (which features beautiful tin ceilings and beadborard on the walls). It would make a lovely "penthouse" with lake view (currently there are no stairs to 2nd floor). Or finish the lower level which has a bathroom already in. Nice building with great renters!! This building cash flows well and has excellent tenants on annual leases!
MLS #6031320
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My Notes for MLS #6031320

General Features

  • Type: Multi-Family
  • Number of Units: 6
  • Waterfront: No
  • Property Style: 5-10 Units
  • Stories: 1 Story
  • Total Bedrooms: 6
  • Year Built: 1916
  • Total Bathrooms: 7
  • Foundation SqFt: 3,000

Exterior Features

  • Exterior: Slate
  • Garage Type: None

Interior Features

  • Fireplace 1: No
  • Total Number of Bedrooms 1: 1
  • Total Number of Bathrooms 1: 1
  • Full Baths 1: 1
  • Full Baths 2: 1
  • Total Number of Bathrooms 2: 1
  • Total Number of Bathrooms 3: 1
  • Total Number of Bathrooms 4: 1
  • Total Number of Bedrooms 2: 1
  • Total Number of Bedrooms 3: 1
  • Total Number of Bedrooms 4: 1
  • Full Baths 3: 1
  • Full Baths 4: 1
  • Fireplace 2: No
  • Fireplace 3: No
  • Fireplace 4: No
  • Basement Material: Concrete Block
  • Basement Style: Partial

Utilities Features

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

School Features

  • School District: Lake Superior #381

Misc Features

  • Construction Type: Frame/Wood

Location

 
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Directions to 322 1st Ave, Two Harbors, MN 55616
From Duluth take Highway 61 to Two Harbors, right turn 5th street left on 1st avenue to 322 1st ave.
The listing information for 322 1st Ave, Two Harbors, MN 55616 was graciously provided by our friends at the listing brokerage, Apartment & Home Advisors

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P&I Payment $954.45
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on My Place Realty, Inc.'s websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. My Place Realty, Inc., Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 11/18/2017 at 8:33pm
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